Is Algonac, MI 48001 a buyer’s or seller’s market?

The Algonac housing market right now

In the three months ending August 31, 2026, 16% of homes in Algonac, MI 48001 sold above their list price, the typical home went under contract in 24 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 63 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 28%, homes sold more slowly (20 days then) and the median sale price rose 10% to $324,859. Overall, Algonac is less competitive than a year ago, which gives buyers more room.

Within St. Clair County, homes here sell more slowly than in 65% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Algonac ranks #398 of 510 MI ZIP codes with enough sales (score 43 out of 100).

Nearby, buyers who want less competition could look at Jeddo 48032 (0% sold over asking) or Harsens Island 48028 (0% sold over asking), while Casco 48064 (70% sold over asking) and Emmett 48022 (50% sold over asking) are even more competitive.